George stagg gallagher



No. 752,059. I PATENTED FEB. 16,1904. G. s. GALLAGHER. SYSTEM FOROPERATING STOCK BOARDS.

APPLICATION FILED APR. 29, 1903.

H0 MODEL.

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UNITED STATES Patented February 16, 1904;

PATENT OFFICE.

GEORGE STAGG GALLAGHER, OF NEW YORK, N. Y., ASSIGNOR TO HIMSELF, RUPERTL. JOSEPH, AND FRANK E. BURROVVS, OF

NEW YORK, N. Y.

SYSTEM FOR OPERATING STOCK-BOARDS.

SPECIFICATION forming part of Letters Patent No. 752,059, dated February16, 1904.

Application filed April 29, 1903. {Serial No. 154,783 (No model.)

To all whom it may concern:

Be it known that I, GEORGE STAGG GALLA- once, a citizen of the UnitedStates, residing in the borough of Manhattan, city, county, and State ofNew York, have invented an Improvement in Systems for OperatingStock-Boards, of which the following is a specification.

Heretofore it has been customary to place stock-quotations onstock-boards manually; and the object of my invention is to provide asystem whereby stock-quotations may be printed electrically andsimultaneously upon one or more stock-boards.

According to the present invention my improved system consists in asingle stock-board or series of similar duplicate stock-boards, eachstock-board comprising a series of paper strips for quotations ofdifierent stocks, an electrical printing-machine for each paper strip,an operating device for the printing-machines, a circuit-selector, acircuit-maker, means for actuating the same, and means forshort-circuiting any stock-board in the system.

In the drawings, Figure 1 is adiagrammatic view of my system ofoperating stock-boards. Fig. 2 is a front elevation of a stock-board,and Fig. 3 is a transverse vertical section of the same.

a; represents a stock-board, the lower part of which is adapted toreceive a number of electric printing instruments, preferably as shownand described in my copending application, Serial No. 154,782, forLetters Patent for electrical printing-machines. The face of thestock-board is preferably divided into a number of vertical spaces Z),equal in number to the printing instruments used and each adapted toreceive the paper strip 0 from one of the instruments,'every stockto bequoted on the board having its own instrument, paper strip, and space inthe board; I also employ a circuit-selector 03 and anoperating de- Vice6 for the printing-machines adapted to rapidly make and break electriccircuits and to momentarily keep a circuit closed, as shown anddescribed in my, copending application,

Serial No. 154,7 81, for Letters Patent for op erating devices forelectrically controlled mechanism.

2 and 3 represent electromagnets, one pair for each stock-board andplaced in series in the circuit, which may be closed by the selector clin any predetermined position. Each electromagnet 3 actuates a latch 4,to throw a switch 5, closing the independent circuit it of a small motor6. vThe position of the contact 7 is regulated by a governor 8 on theshaft of the motor 6, so that when the motor is not running the contact7 is brought against the terminals 9 10.

f represents a circuit-maker, one of which is employed for eachstock-board in the system. The circuit-maker comprises a contactarm 11,revolved by an escapement 12, which is actuated by the magnet 2 throughthe arm 13. As the contact-arm 11 revolves it bears successively uponcontacts 14, which correspond in numberv with the spaces on thestockboard, each contact 14: being connected by a conductor 15 to one ofthe terminalsiof one printing instrument, the other terminal of theinstrument being connected to the operating device 6 by meansof lines 16and 17. The contact-arm 11 is connected with the terminal 9 by theconductor 18, and the terminal 10 is connected to the line 17 by aconductor 19,

the terminal 9 being connected to the line 20,

leading to the next board, by a conductor 21. One generator 8; may beemployed to supply the current for the entire system.

The number of positions in which the selector d may be stoppedcorresponds to the number of instruments employed in the boards, andconsequently to the number of contacts on the circuit-makers f.- Thecircuit through the magnets 2 is rapidly made and broken by the selectord energizing and deenergizing the magnet 2,'thereby actuating theescapement to revolve the contact-arm 11. Hence when the circuit isclosed the contactarm stops on the contact corresponding to the positionin which the selector al was stopped and connects the instrumentcorresponding with this position with the operating device 6. The numberof positions in which the operating device 6 may be stopped correspondswith the number of characters which each instrument is capable ofprinting, and when the operating device 6 is stopped the instrument corresponding to the stopped position of the selector cl prints thecharacter corresponding to the stopped position of the operating device6, provided. the switch 5 is closed and the contact 7 is not inconnection with the terminals 9 and 10. If the switch 5 is open and thecontact 7 in connection with the terminals 9 and 10, the stock-boardwill be short-circuited through these parts and the conductors 19 and21.

In the operation of the system the selector d is stopped at the positionof the stock to be quoted. This stops the arm 11 on the desired contact14, throws the switches 5, and disconnects the contact 7 from theterminals 9 and 10. The operating device 0 is then stopped successivelyin the positions corresponding to the characters employed in quoting thestock, the stopping of the operating device 6 causing the instrumentwith which it is in circuit to print the characters corresponding to thestops made by the operating device.

In Fig. 3, 22 represents the type-wheel of the printing instrument; 23,the striking-hammer; 24, the magnet for actuating the hammer; 25, thedrum upon which the paper strip 0 is wound, and 26 the drum from whichthe same is unwound.

I claim as my invention 1. A stock-board-operating system, comprising aseries of movable paper strips for quotations of diiferent stocks, anelectrical printing instrument for each paper strip, a circuit-makerfor-successively completing the electric circuit through the severalprinting instruments, a circuit-selector for controlling saidcircuit-maker and an operating device for controlling the printinginstrument.

2. A stock board operating system, comprising a plurality ofstock-boards each consisting in a frame, a number of electrical printinginstruments and a movable paper strip for each printing instrument, acircuit-maker for successively completing the electric circuit throughthe several printing instruments, a circuit-selector for controlling thesaid circuit-maker and an operating device for controlling the printinginstrument.

3. A stock board-operating system, comprising a plurality ofstock-boards, each consisting in aframe, a number of electrical printinginstruments and a movable paper strip for each printing instrument, acircuit-maker for successively completing the circuit through theseveral printing instruments and having a contact for each printinginstrument employed, means for actuating said circuit-maker tosuccessively complete the electric circuit through each printinginstrument, a selector for controlling the said circuit-maker todetermine'which printing instrument is to be employed, and an operatingdevice for determining which characters the printing instrument selectedis to print.

4. A stock-board-operating system, comprising a plurality ofstock-boards, each consisting in aframe, anumber of electrical printinginstruments, a movable paper strip for each printing instrument, acircuit-maker for successively completing the circuit through theseveral printing instruments and having a contact for each printinginstrument employed, an escapement mechanism and an electromagnet foractuating said circuit-maker to successively complete the circuitthrough each printing instrument, a selector for controlling the saidcircuit-maker to determine which printing instrument is to be employed,and an operating device for determining which character the printinginstrument selected is to print.

5. A stock-board-operating system, comprising a plurality ofstock-boards each consisting-in a frame, a number of electrical printinginstruments and a movable paper strip for each printing instrument, acircuit-maker for successively completing the electric circuit throughthe several printing instruments, a circuit-selector for controlling thesaid circuitmaker, an operating device for controlling the printinginstruments, and means for short-circuiting any stock-board in thesystem.

5. A stock-board-operating system, comprising a plurality ofstock-boards, each consisting in a frame, a number of electricalprinting instruments and a movable paper strip for each instrument, acircuit-maker for successively completing the electric circuit throughthe several printing instruments and having a contact for each printinginstrument employed, a contact-arm adapted to bear on said contacts, anescapement mechanism for rotating said contact-arm, a selector forcontrolling said circuit-maker to determine which instrument is to beemployed, a magnet in the circuit of said selector and adapted toactuate said escapement mechanism, and an operating device fordetermining which characters the printing instrument is to print.

7. A stock-board-operating system, comprising a plurality ofstock-boards, each consisting in a frame, a number of electricalprinting instruments and a movable paper strip for each printinginstrument, a circuit-maker for successively closing the electriccircuit through each printing instrument and having a contact for eachprinting instrument employed, a contact-arm adapted to bear on saidcontacts, an escapement mechanism for rotating said contact-arm, aselector for controlling circniting' any of the stock-boards in thesyssaid circuit-maker to determine which printing tem. instrument is tobe employed, a magnet in the Signed by me this 25th day of March, 1903;I circuit of said selector adapted to actuate said GEORGE STAGGGALLAGHER.

; escapenient mechanism, an operating device Witnesses:

for determining which character the printing GEO. T. PINCKNEY,instrument is to print, and means for short- S. T. HAVILAND.

